REVscene Automotive Forum - View Single Post - Smith Manoeuvre: make your mortgage tax-deductible

fille · 01-29-2007, 10:36 PM

Thanks Downlow for all your helpful information.

I am going to go ahead with only a small investment. One with an overall 40 yr return of 8-10% return and annual dividends which I will put towards my house.

Why can't home-owners also have a great investment portfolio too? In the end the "plain Jane" will end up with just a paid-off house but the "smith" manoeuvrer will have that and also a nice investment portfolio.

You can't make money unless you are willing to risk it.

01-29-2007, 10:36 PM	#11
fille Everyone wants a piece of R S... Join Date: Oct 2004 Location: bc Posts: 369 Thanked 0 Times in 0 Posts Failed 0 Times in 0 Posts	Thanks Downlow for all your helpful information. I am going to go ahead with only a small investment. One with an overall 40 yr return of 8-10% return and annual dividends which I will put towards my house. Why can't home-owners also have a great investment portfolio too? In the end the "plain Jane" will end up with just a paid-off house but the "smith" manoeuvrer will have that and also a nice investment portfolio. You can't make money unless you are willing to risk it.